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The costs and benefits of running a private U.
Posted: Mon Jan 23, 2012 4:47 pm
by _zeezrom
Cost analysis:Student body
population at BYU: 34,000
Annual
tuition at BYU: $4,500
Average annual
tuition for private universities: $28,500
Approximate annual subsidy paid by the LDS Church and donors: $24,000 per student = $816 Million
Cost to get these 34,000 students to graduate = $3.26 billionBenefit analysis80% of BYU graduates pay tithing for the rest of their lives (a guess)
Average
salary at mid-career of BYU grad: $86,800
30 years of tithing = 8,680 * 30 = $260,400
Multiplied by 80% of grads: 260,400 * 27,200 =
$7 BillionConclusionWorth it!
Re: The costs and benefits of running a private U.
Posted: Mon Jan 23, 2012 4:56 pm
by _Buffalo
It's kind of sad how many of the church's decisions can be better understood by simply following the money.
Thanks for this analysis, Zeez!
Re: The costs and benefits of running a private U.
Posted: Mon Jan 23, 2012 7:30 pm
by _bcspace
Malachi 3:8-10
Re: The costs and benefits of running a private U.
Posted: Mon Jan 23, 2012 7:40 pm
by _Morley
bcspace wrote:Malachi 3:8-10
The Merchant Of Venice Act 4, scene 1, 304–307.
Re: The costs and benefits of running a private U.
Posted: Mon Jan 23, 2012 7:48 pm
by _Hoops
Macbeth Act I, Scene ii, 22-23
Re: The costs and benefits of running a private U.
Posted: Mon Jan 23, 2012 7:56 pm
by _zeezrom
Dudes, can you please paste the quotes so we don't have to go searching through Shakespeare books?
I can't seem to find the same exact lines in my version. Thanks for helping a rookie out.
Re: The costs and benefits of running a private U.
Posted: Mon Jan 23, 2012 7:57 pm
by _zeezrom
bcspace wrote:Malachi 3:8-10
I never used to wonder what Ute fan tithe payers thought about the church paying nearly
a billion dollars a year on BYU. Wow.
Re: The costs and benefits of running a private U.
Posted: Mon Jan 23, 2012 8:03 pm
by _Hoops
zeezrom wrote:Dudes, can you please paste the quotes so we don't have to go searching through Shakespeare books?
I can't seem to find the same exact lines in my version. Thanks for helping a rookie out.
As my applause to Morley:
"Till he unseam'd him from the nave to the chaps,
And fix'd his head upon our battlements"
Re: The costs and benefits of running a private U.
Posted: Mon Jan 23, 2012 8:08 pm
by _Morley
zeezrom wrote:Dudes, can you please paste the quotes so we don't have to go searching through Shakespeare books?
I can't seem to find the same exact lines in my version. Thanks for helping a rookie out.
The Merchant Of Venice Act 4, scene 1, 304–307:
SHYLOCK
Most learned judge! A sentence! Come, prepare!
PORTIA
Tarry a little; there is something else.
This bond doth give thee here no jot of blood;
The words expressly are "a pound of flesh":
edit: Ha! You're right to ask, Zee. I was indulging a juvenile reaction to BC's dropping of chapter and verse with no accompanying quotation.
Re: The costs and benefits of running a private U.
Posted: Mon Jan 23, 2012 8:33 pm
by _Fence Sitter
I didn't major in finance or even math at BYU but I did stay at a Holiday Inn . . . sometime back. What is the value of 3.26 billion invested over 30 years? I would say that is not a very good return on the investment.